Solana price prediction: SOL slips to $127 as weekly losses hit 11.77%

• SOL trades near $127.11, while the weekly slide deepens to 11.77% amid steady selling.

• The short-term trend stays bearish, since price prints lower highs and weak rebound attempts.

• SOL keeps scale and liquidity, with a $71.91B market cap and about $4.67B in turnover.

Solana price prediction turns softer as SOL trades at $127.11 after sustained weekly selling pressure. The token posted an 11.77% weekly drop, while it slipped 1.03% on the day. Price action now reflects a mild downtrend with limited near-term momentum.

Solana price prediction tracks weakening momentum on the weekly chart

Solana price prediction aligns with a steady fade in the mini chart, which shows lower highs into the latest session. SOL marked a marginal -0.08% move on the last tick, yet the broader trend stayed negative. Meanwhile, the weekly slide kept control with sellers defending rebounds and compressing intraday bounces.

Solana price prediction also reflects tightening liquidity conditions across major crypto pairs during risk-off sessions. The token’s market cap stood near $71.91 billion, which kept it among the largest networks by value. However, weekly losses reduced short-term confidence in upside continuation and reinforced a sell-the-rally tone.

        source: https://x.com/rutradebtc/status/2014008546988613635?s=20

Solana price prediction considers turnover because trading activity often signals conviction during trend shifts. SOL registered about $4.67 billion in traded value over the measured period, which remained active despite the drop. In addition, the supply figure showed about 565.7 million SOL, which supports market depth and broad distribution.

Solana price prediction focuses on key levels after the $127 test

Solana price prediction centers on $127 as a decision level because it sits near recent consolidation zones. Price held above deeper support during the session, yet it failed to recover prior range highs. A break lower would extend the downtrend, while stabilization could form a base.

Solana price prediction also weighs the prior week’s structure, since sharp weekly losses often reset short-term targets. SOL already erased recent gains, so momentum now depends on reclaiming nearby resistance bands. Still, any rebound needs stronger follow-through, and it must print higher closes to shift sentiment.

Solana price prediction uses simple trend logic rather than narrative signals, since price leads during volatility. The current setup favors range trading, because sellers keep control without a complete breakdown. Moreover, the market typically demands several sessions of higher lows before it confirms a durable reversal.

Solana price prediction adds context from network scale and market positioning

Solana price prediction stays tied to fundamentals because the chain holds a large footprint in decentralized trading and consumer apps. The network has expanded throughput and lowered fees over recent cycles, so activity often rebounds quickly after risk resets. Price still reacts to macro liquidity and broader crypto rotation.

          Source: https://coinmarketcap.com/currencies/solana/

Solana price prediction also accounts for the token’s role as collateral and settlement across on-chain venues. That role can amplify swings, because liquidations rise when price drops through common leverage bands. As a result, downside moves can accelerate briefly, even when spot demand remains steady.

Solana price prediction ends with a clear snapshot of conditions rather than speculation about catalysts. SOL trades near $127.11 with an 11.77% weekly decline, and it remains in a mild downtrend. Therefore, the next sessions should define whether the market builds support or extends the current slide.